Sonic Labs, previously known as the Fantom Foundation, announced via a blog post on Monday that Alchemy Subgraphs will be available on the Sonic chain at launch. This will offer users a powerful indexing tool to streamline their on-chain data.
Additionally, they're now available on the Opera mainnet, allowing developers to take advantage of them immediately. Subgraphs are tools for building custom GraphQL APIs with blockchain data. Alchemy Subgraphs will be ready to use as soon as Sonic goes live.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin has been up 4% in the last 24 hours and is currently trading at $0.3971.